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Author Question: Gracie Slick bought a new building for a total cost of 260,000. She is depreciating it over 40 years ... (Read 68 times)

Tazate

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on: Jun 24, 2018
Gracie Slick bought a new building for a total cost of 260,000. She is depreciating it over 40 years using the sum-of-the-years' digits method. What is the sum-of-the-years' digits depreciation rate fraction for year 15?

Question 2

Find the trade discount amount for an order of merchandise with a list price of 15,000 less trade discounts of 40/20/10. (Find the single equivalent discount first)


LP

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Reply #1 on: Jun 24, 2018
Answer to Question 1

26/820

Answer to Question 2

8,520


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